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Top-100 Altcoins Sui and Helium Defy Crypto Market Downtick and Surge in Price Amid New Fundamental Developments – The Daily Hodl

11 August 2024
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Two top-100 altcoins defied the crypto market downtick and witnessed large good points this week amid new basic developments.

The decentralized Web of Issues (IoT) community Helium (HNT) introduced on Friday that “two giant US carriers” kicked off assessments to unload their site visitors onto the Helium MOBILE Community.

MOBILE is a Solana-based (SOL) decentralized wi-fi supplier that’s a part of the Helium ecosystem, which goals to allow IoT units linked to the community to speak and share knowledge by supporting good contracts and enterprise purposes.

HNT, Helium’s native token, is buying and selling at $6.67 at time of writing. The 66th-ranked crypto asset by market cap is up greater than 18% prior to now 24 hours and almost 48% prior to now seven days.

In the meantime, the good contract platform Sui (SUI) witnessed good points after the crypto large Grayscale introduced earlier this week that it was launching a belief particularly designed for the undertaking’s native asset.

SUI is buying and selling at $0.86 at time of writing. The Thirty fifth-ranked crypto asset by market cap is up 2.55% prior to now 24 hours and almost 55% prior to now seven days.

By comparability, the general crypto market cap is down 1.18% prior to now 24 hours and greater than 13% prior to now two weeks, in response to CoinGecko.

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Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your duty. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in online marketing.

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